Heading 1: Stock market’s record highs fueling the momentum trade
The recent record highs in the stock market are driving the momentum trade, according to Liz Ann Sonders, Chief Investment Strategist at Charles Schwab. As the market continues to reach new peaks, investors are increasingly focusing on stocks with strong upward momentum. This trend, known as the momentum trade, involves buying stocks that are already on an upward trajectory in the hope that they will continue to rise.
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